This Week in Miami Real Estate: One River Point, Amazon secrecy and more

byKelly McCabeFebruary 9, 2018

Construction at One River Point has gotten underway this week, according to The Next Miami. The unique luxury development along the Miami River will include two towers connected by a “floating sky bridge” and is expected to go vertical in 2019. The 60-story project is from architect Rafael Vinoly and developer KAR Properties.

Elsewhere in recent Miami real estate news:

Pulte Homes is continuing its plans to transform the former Oak Tree Golf Club in Oakland Park into 646 single-family homes, according to the South Florida Business Journal. The project would span nearly 140 acres, with 40 reserved for open space and recreation.

It’s no secret that Miami made Amazon’s shortlist of locations for its future second headquarters, but nobody seems to know where the development would go. And that’s by design. In fact, the Miami-Dade Beacon Council, which is leading efforts to woo the online retailer, asked all members to sign a non-disclose agreement, according to the Miami Herald. The city’s original bid outlined eight potential sites, but the council’s president recently told media that the number of sites is now “much lower than eight.”

In a move that could transform the layout of Fort Lauderdale, city commissioners recently voted in favor of The Wave, a new streetcar. The city’s downtown development authority now agree to help pay for the project, but if it costs more than $142.5 million, they could reject it, according to the Sun Sentinel.